The Gathering Storm: HELOC Resets

Home equity lines of credit are in resurgence, originations outpacing recent years without showing signs of slowing. Through June 2015 alone, new HELOCs rose almost 15% over comparable periods and exceeded the 2014’s dollar limit by 24%. Despite this growth, underwriting standards seem to remain high, with only 1.5% of all HELOCs during the period […]

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